Operations Update

Serica Energy plc 10 December 2007 Serica Energy plc ('Serica' or the 'Company') SERICA TO SPUD FIRST OF TWO BILITON WELLS London, 10 December 2007 - Serica Energy plc (AIM & TSX-V: SQZ) is pleased to announce that the Global Santa Fe 136 drilling rig is now on location in the Biliton Block in the Java Sea, Indonesia and that drilling of the Batara Ismaya #1 exploration well is expected to commence today. Immediately following this well, the Global Santa Fe Rig 136 will drill the next Biliton exploration well on the Batara Indra North prospect. Serica has a 45% interest in the Biliton PSC and is the operator. The majority of Serica's cost for these two wells is being carried by a farminee. Enquiries: Serica Energy plc Paul Ellis, paul.ellis@serica-energy.com +44 (0)20 7487 7300 Chief Executive Officer Chris Hearne, chris.hearne@serica-energy.com +44 (0)20 7487 7300 Finance Director JPMorgan Cazenove Steve Baldwin steve.baldwin@jpmorgancazenove.com +44 (0)20 7588 2828 Tristone Capital Limited Majid Shafiq mshafiq@tristonecapital.com +44 (0)20 7355 5872 Pelham Public Relations -UK James Henderson james.henderson@pelhampr.com +44 (0)20 7743 6673 Alisdair Haythornthwaite alisdair.haythornthwaite@pelhampr.com +44 (0)20 7743 6676 CHF - Canada Sarah Gingerich sarah@chfir.com +1 416 868 1079 The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. To receive Company news releases via email, please contact sarah@chfir.com and specify 'Serica press releases' in the subject line. This information is provided by RNS The company news service from the London Stock Exchange
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